P โ€” Human ServicesEIN: 010368153ยท Ruling Year: 1981

The Progress Center Inc

Oxford, Maine

B-Health Score
53B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$6.3M
Total Revenue
๐Ÿ“Š
$6.9M
Total Expenses
๐Ÿฆ
$3.0M
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-23.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-9.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
32.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,279,395โ†“24%$6,882,260โ†“18%$4,380,937โ†“5%
2022$8,231,510โ†“5%$8,348,379โ†‘13%$4,631,366โ†“4%
2021$8,658,268โ†‘14%$7,381,980โ†“4%$4,842,865โ†‘4%
2020$7,600,318โ†‘6%$7,710,378โ†‘13%$4,642,843โ†‘24%
2019$7,178,748โ†‘18%$6,833,047โ†‘20%$3,753,324โ†‘31%
2018$6,097,247โ†‘22%$5,690,905โ†‘17%$2,858,875โ†‘35%
2017$4,989,790โ†‘33%$4,855,687โ†‘35%$2,121,616โ†‘2%
2016$3,739,644โ†‘17%$3,605,023โ†‘15%$2,073,314โ†‘5%
2015$3,209,967โ†‘9%$3,139,018โ†‘7%$1,977,901โ†“17%
2014$2,947,052โ†“10%$2,924,262โ†“3%$2,392,724โ†‘7%
2013$3,258,086โ†“8%$3,018,750โ†“10%$2,240,355โ†‘8%
2012$3,538,803โ†‘1%$3,337,211โ†‘2%$2,075,652โ†‘12%
2011$3,505,580$3,265,291$1,853,121

Frequently Asked Questions

What does The Progress Center Inc do?โ–ผ

The Progress Center Inc is a human services nonprofit organization based in Maine. It is classified under NTEE code P82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Progress Center Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, The Progress Center Inc has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Progress Center Inc generate?โ–ผ

The Progress Center Inc reports $6.5M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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The Progress Center Inc โ€” Oxford, ME | GiveScope